First Multi-Family (Quad)

[Kenneth C.]

BP Community:

I go to settlement in a few weeks on my first multi-family unit. Ironically, my first three properties were single families, while my fourth property is a quadruplex. Given that I am still green overall, I have zero experience with multi-families and wanted to get some feedback on my options re: utilities (e.g. Heating). The layout of the property is as follows:

• - First Floor (1 unit): 3 Bed 1 Bath
• - Second Floor (2 units): 1 Bed 1 Bath
• - Third Floor (1 unit): 1 Bed 1 Bath

Both of the second floor units are occupied, and they pay their electric, hot water and cooking gas. However, I as the owner will now pay the heat. I'm having a tough time trying to comprehend how a tenant can pay for their cooking gas, and not their heat. I will ask the previous owner, but want to pose the question (s) on BP. So....here they are.

1. 1. How can you calculate how much gas was used for cooking as opposed to heating the unit?

1. 2. Lastly, the tenants pay 1/4 of the water bill. How could that be managed?

Looking forward to hearing what you all have to say.